The Impact of Innovation and Technology in the Global Marketplace

This vital book focuses on powerful innovation and technology forces that influence firms'competitive positions in global markets. The new realities of world business and politics indicate that to survive and grow, firms must effectively manage technological innovation and technological processes. The Impact of Innovation and Technology in the Global Marketplace provides practical guidance for improving the strategic capabilities of a firm's domestic and global markets. The book specifies cultural contradictions that impede high-tech firms from competing effectively in global markets, clarifies strategic patterns and performance in global markets, and outlines issues related to competition in high-technology industries.

Managing into the 21st century demands flexibility and sensitivity to global events, technological changes, and innovation. Everyone involved in strategic planning and implementation needs to understand issues related to the role of technology and innovation in sustaining the competitive position of a firm in the marketplace, the speed of technological changes, and the role of national environment in fostering technological advancement. This book will increase your understanding of the ingredients essential for maintaining a competitive position in a dynamic world business environment and will help you better utilize technological advancement to foster and build strategic alliances on a global basis.

The book answers many questions related to managing technology and provides comprehensive analyses of high-tech industries in general as well more specific analyses of the software and pharmaceutical industries. The Impact of Innovation and Technology in the Global Marketplace explores:

• how both firms and nations sustain competitive positions in global markets
• how national culture may impede technological progress
• how to provide an integrated framework to link innovation to national and global environments
• how to identify strategic patterns and performance of corporate entrepreneurship
• innovation and national competitive advantages
• corporate entrepreneurship in high- and low-technology industries
  
  Professors, policymakers, and consultants involved in global business, as well as managers of multinational corporations, will find this book a helpful reference as they study ways for businesses to gain a competitive edge in an increasingly high-tech and global marketplace.